ACV Auctions Q2 2024 GAAP EPS $(0.10) Beats $(0.11) Estimate, Sales $160.624M Beat $156.237M Estimate
Portfolio Pulse from Benzinga Newsdesk
ACV Auctions (NASDAQ:ACVA) reported Q2 2024 GAAP EPS of $(0.10), beating the $(0.11) estimate. Sales were $160.624M, surpassing the $156.237M estimate and marking a 29.31% increase from the same period last year.
August 07, 2024 | 9:48 pm
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ACV Auctions reported better-than-expected Q2 2024 results with EPS of $(0.10) beating estimates and sales of $160.624M surpassing expectations, showing a significant YoY growth.
The better-than-expected EPS and sales figures, along with significant year-over-year growth, are likely to positively impact ACVA's stock price in the short term.
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